Lessor Avation has delivered an ATR 72-600 to Airline Allied Services Limited, otherwise known as Air India Regional, the domestic airline arm of Air India.
The lease is for an initial term is 12 years. This is the second ATR72-600 that Avation has delivered to Air India Regional – the first joined the fleet in December last year.
This delivery is Avation’s twenty-second new ATR 72 aircraft delivered.
Jeff Chatfield, Executive Chairman of Avation, said: "We are happy to fulfil this order from Air India Regional and to purchase another new ATR72 aircraft. It is pleasing to be the lead lessor in Air India Regional’s fleet renewal program. Air India Regional was a new customer in a new geographical region for the Company, diversifying the Company’s portfolio and we are pleased to be leasing to India’s national carrier.”